Can I pay off my Zopa loan early?

Updated a month ago

If you want to pay off your loan early, you can do it yourself in the Zopa app. Just click your loan card, then ‘Pay off in full’ and follow the steps.

You can also call 020 3770 5960 and pay using our 24/7 automated payment line.

By the way, we don’t charge early repayment fees or any extra interest for the reminder of your loan’s original term.

Things to keep in mind

  • If your regular repayment is going through, you’ll need to wait a few days until that’s cleared before you can pay off your loan.

  • We’ll take your final payment through your monthly Direct Debit. So please wait until that’s left your bank account before cancelling your Direct Debit.

  • To pay off your loan, you need to pay the total amount of credit (which includes your borrowing fee) plus any interest that's due. This is all calculated for you in your settlement figure.

  • We can't accept credit card payments.

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